CRDB Bank launches Tembocard for KCMC

CRDB Bank Managing Director, Dr Charles Kimei

CRDB Bank PLC yesterday launched a Visa/MasterCard for the Kilimanjaro Christian Medical Centre (KCMC) in Moshi dubbed Tembocard KCMC card aimed at streamlining payments made by patients.

The move is also going to optimise revenues for the hospital, which serves the most of Kilimanjaro Region residents and beyond. 

Speaking during the launch in Moshi, CRDB Bank Managing Director Dr Charles Kimei said the Bank is keen on growing its presence across the country. 

He said the bank is being innovative by not only improving banking services but also providing solutions that simplify their customers’ lives.

According to the MD, the launch of the TemboCard KCMC Card will serve to simplify payments and enable KCMC hospital to manage cash transactions related costs.

“Receiving cash payments at a busy hospital like KCMC is not only difficult but also challenging. There is high possibility of misappropriation, fake currency and a high cost of management in receiving cash payments,” he said.

Kimei noted that the usage of TemboCard prepaid cards will significantly reduce the number of cash transactions at the hospital, considering that more than 50 percent of daily transactions at the facility are by cash. 

Elaborating more about the TemboCard, the MD maintains that CRDB Bank is keen on enhancing security of the customers’ money and has integrated systems to reconcile any transactions in real-time. Similarly, the bank has adopted the chip technology in banking cards therefore making the CRDB Bank Tembocards most secure.

 “The confidence we have built in our services and especially the TemboCard brand has enabled us pursue international partnerships with the world’s leading international payment platforms such as Visa and MasterCard. As of today, we are the only Bank in Africa that has been allowed to co-brand with these two multinationals,” he explained.

The Tembocard KCMC Card can be loaded at any CRDB Bank Branch, using Mobile Money Services such as Airtel Money, Tigo Pesa and M-Pesa or via a direct transfer from a CRDB Bank account using the Simbanking platform. Additionally, one can also top the card up at any FahariHuduma agent countrywide. 

The launch of Tembocard KCMC card comes as an addition to two other prepaid cards launched by CRDB Bank over the past couple of years, i.e. Tembocard TANAPA – a card aimed at streamlining park entrance collections and Tembocard TRA, for tax remittance. 

Over the last couple of years, CRDB Bank has upped its ante on driving financial inclusion in Tanzania and has embarked on an aggressive sensitisation campaign aided by innovative products that are continuously driving uptake of financial services across the country.

Through the Visa and MasterCard Tembocards, CRDB bank now has over 5 million users who can access the over 30 million outlets globally using the two international platforms. Locally, CRDB Bank boasts of a large network of over 300 ATMs, 100 plus branches and close to a thousand Point of Sales (POS) terminals within Tanzania and Burundi. 

The bank has also rolled out agent banking and currently has over 500 agents across the country in what has effectively elevated the bank as the leading financial entity in Tanzania in assets.

SOURCE: THE GUARDIAN